Shanghai Zhezhong Group Co Ltd
SZSE:002346
Income Statement
Earnings Waterfall
Shanghai Zhezhong Group Co Ltd
Revenue
|
755.6m
CNY
|
Cost of Revenue
|
-624.3m
CNY
|
Gross Profit
|
131.4m
CNY
|
Operating Expenses
|
-87.5m
CNY
|
Operating Income
|
43.9m
CNY
|
Other Expenses
|
298.6m
CNY
|
Net Income
|
342.5m
CNY
|
Income Statement
Shanghai Zhezhong Group Co Ltd
Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
206
N/A
|
548
+166%
|
620
+13%
|
673
+9%
|
703
+4%
|
463
-34%
|
676
+46%
|
624
-8%
|
658
+5%
|
438
-34%
|
369
-16%
|
400
+8%
|
405
+1%
|
422
+4%
|
418
-1%
|
390
-7%
|
380
-3%
|
453
+19%
|
560
+23%
|
608
+9%
|
676
+11%
|
559
-17%
|
498
-11%
|
474
-5%
|
409
-14%
|
452
+11%
|
438
-3%
|
590
+35%
|
610
+3%
|
604
-1%
|
642
+6%
|
610
-5%
|
592
-3%
|
689
+16%
|
711
+3%
|
722
+2%
|
749
+4%
|
726
-3%
|
728
+0%
|
731
+0%
|
756
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(181)
|
(452)
|
(512)
|
(545)
|
(559)
|
(355)
|
(501)
|
(449)
|
(480)
|
(337)
|
(279)
|
(308)
|
(316)
|
(325)
|
(322)
|
(308)
|
(295)
|
(337)
|
(431)
|
(466)
|
(517)
|
(431)
|
(374)
|
(355)
|
(303)
|
(352)
|
(345)
|
(463)
|
(478)
|
(459)
|
(476)
|
(446)
|
(425)
|
(542)
|
(562)
|
(573)
|
(579)
|
(564)
|
(582)
|
(584)
|
(624)
|
|
Gross Profit |
25
N/A
|
95
+280%
|
108
+13%
|
128
+18%
|
144
+12%
|
108
-25%
|
175
+62%
|
176
+0%
|
179
+2%
|
101
-44%
|
90
-11%
|
92
+3%
|
89
-3%
|
97
+8%
|
96
0%
|
83
-14%
|
85
+3%
|
116
+36%
|
128
+11%
|
143
+11%
|
159
+12%
|
129
-19%
|
124
-3%
|
120
-4%
|
105
-12%
|
100
-6%
|
93
-7%
|
127
+36%
|
132
+4%
|
145
+10%
|
166
+14%
|
163
-2%
|
167
+3%
|
147
-12%
|
149
+1%
|
149
+0%
|
169
+13%
|
162
-4%
|
146
-10%
|
147
+1%
|
131
-11%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(46)
|
(90)
|
(96)
|
(106)
|
(116)
|
(83)
|
(120)
|
(115)
|
(117)
|
(85)
|
(119)
|
(138)
|
(123)
|
(85)
|
(82)
|
(41)
|
(59)
|
(41)
|
173
|
(91)
|
(89)
|
(77)
|
(77)
|
(84)
|
(76)
|
(61)
|
(60)
|
(62)
|
(65)
|
(83)
|
(85)
|
(90)
|
(82)
|
(158)
|
(132)
|
(122)
|
(131)
|
(161)
|
(81)
|
(90)
|
(87)
|
|
Selling, General & Administrative |
(43)
|
(71)
|
(99)
|
(109)
|
(119)
|
(67)
|
(107)
|
(103)
|
(105)
|
(67)
|
(78)
|
(96)
|
(81)
|
(67)
|
(63)
|
(50)
|
(67)
|
(24)
|
(68)
|
(59)
|
(58)
|
(64)
|
(66)
|
(72)
|
(69)
|
(50)
|
(51)
|
(51)
|
(51)
|
(64)
|
(85)
|
(89)
|
(80)
|
(102)
|
(120)
|
(114)
|
(122)
|
(84)
|
(79)
|
(82)
|
(79)
|
|
Research & Development |
0
|
(4)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
(1)
|
(4)
|
0
|
0
|
(3)
|
(3)
|
0
|
0
|
(3)
|
(2)
|
0
|
0
|
(3)
|
(2)
|
0
|
0
|
(3)
|
(25)
|
0
|
0
|
(29)
|
(7)
|
0
|
0
|
(10)
|
|
Depreciation & Amortization |
0
|
(15)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
0
|
(19)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
|
Other Operating Expenses |
(3)
|
(0)
|
3
|
3
|
3
|
(1)
|
(13)
|
(12)
|
(12)
|
(1)
|
(41)
|
(42)
|
(42)
|
(0)
|
(19)
|
10
|
10
|
2
|
241
|
(32)
|
(29)
|
1
|
(11)
|
(12)
|
(5)
|
3
|
(8)
|
(12)
|
(10)
|
(6)
|
(0)
|
(2)
|
1
|
(12)
|
(12)
|
(8)
|
20
|
(61)
|
(3)
|
(7)
|
2
|
|
Operating Income |
(21)
N/A
|
6
N/A
|
12
+115%
|
22
+88%
|
28
+25%
|
25
-9%
|
55
+118%
|
61
+11%
|
62
+1%
|
16
-75%
|
(29)
N/A
|
(46)
-57%
|
(34)
+26%
|
12
N/A
|
14
+25%
|
42
+188%
|
27
-36%
|
74
+179%
|
301
+305%
|
52
-83%
|
70
+35%
|
51
-27%
|
47
-9%
|
35
-25%
|
29
-18%
|
39
+33%
|
33
-13%
|
65
+94%
|
66
+2%
|
62
-7%
|
81
+31%
|
73
-11%
|
86
+18%
|
(11)
N/A
|
17
N/A
|
27
+65%
|
38
+40%
|
1
-97%
|
65
+5 755%
|
57
-11%
|
44
-24%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
13
|
35
|
62
|
87
|
81
|
79
|
96
|
146
|
144
|
120
|
122
|
126
|
53
|
40
|
37
|
(41)
|
55
|
40
|
32
|
27
|
3
|
13
|
112
|
51
|
54
|
101
|
(72)
|
(9)
|
(8)
|
105
|
167
|
334
|
413
|
508
|
490
|
508
|
506
|
534
|
504
|
511
|
363
|
|
Non-Reccuring Items |
0
|
24
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(30)
|
0
|
0
|
0
|
(12)
|
0
|
0
|
254
|
217
|
0
|
248
|
(6)
|
(4)
|
1
|
4
|
0
|
0
|
0
|
(1)
|
0
|
1
|
0
|
2
|
2
|
(4)
|
(0)
|
0
|
0
|
47
|
0
|
(0)
|
(0)
|
|
Gain/Loss on Disposition of Assets |
0
|
5
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(0)
|
4
|
10
|
11
|
11
|
3
|
1
|
1
|
4
|
28
|
29
|
28
|
27
|
1
|
(1)
|
(5)
|
(6)
|
(6)
|
(9)
|
(5)
|
(4)
|
(6)
|
(3)
|
(3)
|
(4)
|
(1)
|
(2)
|
(2)
|
0
|
(1)
|
(3)
|
(2)
|
(2)
|
(1)
|
(5)
|
(14)
|
(14)
|
(12)
|
(9)
|
(0)
|
(1)
|
|
Pre-Tax Income |
(8)
N/A
|
72
N/A
|
83
+16%
|
119
+43%
|
119
0%
|
96
-19%
|
152
+59%
|
208
+37%
|
210
+1%
|
134
-36%
|
122
-9%
|
109
-11%
|
46
-57%
|
41
-12%
|
50
+24%
|
(5)
N/A
|
329
N/A
|
326
-1%
|
324
-1%
|
322
-1%
|
63
-80%
|
54
-14%
|
158
+190%
|
86
-45%
|
80
-7%
|
138
+73%
|
(40)
N/A
|
53
N/A
|
56
+6%
|
167
+198%
|
246
+47%
|
406
+65%
|
498
+23%
|
491
-1%
|
501
+2%
|
522
+4%
|
531
+2%
|
570
+8%
|
560
-2%
|
568
+1%
|
406
-28%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
2
|
(12)
|
(13)
|
(13)
|
(19)
|
(12)
|
(22)
|
(41)
|
(30)
|
(18)
|
(16)
|
(10)
|
(17)
|
(17)
|
(21)
|
(11)
|
(74)
|
(66)
|
(66)
|
(60)
|
4
|
4
|
(17)
|
(1)
|
1
|
(44)
|
(6)
|
(27)
|
(30)
|
(11)
|
(24)
|
(28)
|
(26)
|
(71)
|
(69)
|
(107)
|
(129)
|
(138)
|
(130)
|
(131)
|
(82)
|
|
Income from Continuing Operations |
(5)
|
60
|
71
|
106
|
100
|
84
|
130
|
167
|
180
|
116
|
106
|
99
|
29
|
23
|
30
|
(16)
|
256
|
259
|
258
|
262
|
67
|
58
|
141
|
86
|
81
|
95
|
(46)
|
26
|
26
|
156
|
222
|
378
|
472
|
420
|
432
|
414
|
401
|
432
|
429
|
436
|
324
|
|
Income to Minority Interest |
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(3)
|
(3)
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
28
|
0
|
28
|
28
|
18
|
18
|
18
|
0
|
|
Net Income (Common) |
(5)
N/A
|
60
N/A
|
71
+18%
|
106
+50%
|
100
-6%
|
84
-16%
|
130
+54%
|
167
+28%
|
180
+8%
|
116
-36%
|
106
-8%
|
99
-7%
|
29
-70%
|
20
-31%
|
27
+33%
|
(19)
N/A
|
253
N/A
|
259
+3%
|
258
-1%
|
262
+2%
|
67
-74%
|
58
-13%
|
141
+142%
|
86
-39%
|
81
-6%
|
95
+17%
|
(46)
N/A
|
26
N/A
|
26
0%
|
156
+503%
|
222
+42%
|
378
+71%
|
472
+25%
|
448
-5%
|
460
+3%
|
442
-4%
|
429
-3%
|
451
+5%
|
448
-1%
|
455
+2%
|
342
-25%
|
|
EPS (Diluted) |
-0.02
N/A
|
0.22
N/A
|
0.26
+18%
|
0.24
-8%
|
0.37
+54%
|
0.19
-49%
|
0.28
+47%
|
0.36
+29%
|
0.4
+11%
|
0.26
-35%
|
0.23
-12%
|
0.22
-4%
|
0.07
-68%
|
0.05
-29%
|
0.07
+40%
|
-0.04
N/A
|
0.57
N/A
|
0.59
+4%
|
0.58
-2%
|
0.59
+2%
|
0.15
-75%
|
0.13
-13%
|
0.31
+138%
|
0.19
-39%
|
0.18
-5%
|
0.21
+17%
|
-0.1
N/A
|
0.06
N/A
|
0.06
N/A
|
0.35
+483%
|
0.51
+46%
|
0.86
+69%
|
1.07
+24%
|
1.02
-5%
|
1.05
+3%
|
1.01
-4%
|
0.98
-3%
|
1.03
+5%
|
1.03
N/A
|
1.04
+1%
|
0.79
-24%
|